Ethereum (ETH) Crosses $3,000 Mark
Ethereum has recently surpassed the $3,000 threshold, marking an 8.11% increase within 24 hours. This surge is attributed to growing institutional interest, particularly with the anticipation of Ethereum-based ETFs. Analysts predict that ETH could reach $3,800 this year and potentially hit $8,500 by late 2025.
However, caution is advised as recent whale activity—over $237 million in ETH sent to exchanges—may indicate short-term selling pressure. Traders should monitor the $2,500 support zone closely.
Binance Coin (BNB) Surpasses $700
Binance Coin (BNB) has broken a major resistance level, reaching $700, reflecting a 6.38% increase over the past week. This milestone is driven by a combination of factors, including a massive token burn that removed over $1 billion from supply, whale accumulation, and major network upgrades.
Additionally, Binance has launched a BNB Smart Chain Trading Competition, running from July 10 to July 24, 2025, allowing participants to trade specific tokens and earn exclusive rewards.
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